An example of moral hazard is
a. people drive as carefully in icy conditions with antilock brakes as without
b. people drive as safely with more airbags as without
c. football players avoid 'spearing' with their heads even with safer helmets
d. people fail to read the medicine warnings more often when self-medicating versus with a doctor's prescription
d
Economics
You might also like to view...
If the federal budget goes from a budget deficit in Year 1 to a budget surplus in Year 2, does it follow that the federal government acted to raise taxes or cut government spending in Year 2?
What will be an ideal response?
Economics
It is ________ profit maximizing for firms to dump in foreign markets
A) never B) sometimes C) always
Economics